alex scandurra

The Victorian Government has today revealed Stone and Chalk has been chosen to establish and run its flagship fintech hub, while YBF Ventures will also establish a dedicated space for fintech startups in its new Bourke St building.

Australia’s work in fintech is steadily gaining global recognition, with Sydney ranking eighth out of 44 global fintech hubs in a new report released by Deloitte this week, climbing one place from last year’s ninth.

International fintech organisation Innovate Finance has today announced the launch of Global FinTech Hubs Federation [GFHF] to help foster innovation and collaboration across the global fintech industry. GFHF will enable participants from around the world to gain an influential point of engagement with international stakeholders and like-minded organisations.

There’s been a lot of debate lately about the value of a university education for aspiring entrepreneurs, with critics arguing that Australian universities have been too slow to launch initiatives and industry partnerships that give students hands-on experience. Industry, for its part, has been strong in its approach to students and this is only getting stronger, with Sydney fintech hub Stone & Chalk today launching Fintern Fever, an internship program that will see 30 university students work with a resident startup over the summer.